All the headlines from our Liability Topic Page, ordered by recency.
Oct 11 2023 // Small businesses may be growing their revenue, but the vast majority – 75% – are not adequately protecting themselves and their assets.Small businesses are an essential part of the US economy, with 56 million workers...
Oct 5 2023 // Coalition’s Executive Risks Insurance Now Available On Surplus Lines PaperCoalition announced its executive risks insurance products are now available on surplus lines paper, making comprehensive management liability...
Oct 4 2023 // Just two days before his criminal trial started this week in federal court in New York, FTX Trading founder Sam Bankman-Fried filed suit in federal court in California against his excess insurance company seeking payment...
Oct 4 2023 // Underwriting losses in U.S. commercial auto have returned to pre-pandemic levels and rate increases have not been enough to keep up with severity trends.“The liability component has been more problematic than the...
Oct 3 2023 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has promoted Angela Meyer to head of Product Liability in North America. She was previously head of Life Sciences in North America.Meyer joined BHSI in 2014 as...
Oct 2 2023 // Vantage Group Holdings Ltd., the Bermuda-based insurer and reinsurer, has extended its Contractors Pollution Liability (CPL) and professional liability offerings to environmental contractors and consultants, expanding the...
Oct 2 2023 // The hospitality industry has entered a new chapter.For those who weathered the recent near collapse of the sector, the American Hotel & Lodging Association entered 2023 with optimism that hotel room demand would...
Oct 2 2023 // Wanted in South Carolina: $1 million in liquor liability coverage at an affordable premium to prevent closure of establishment.That’s the type of advertisement one can imagine bars and bistros across the Palmetto...
Oct 2 2023 // Total U.S. surplus lines direct premiums written (DPW) rose by 19.2% to reach a record $98.5 billion in 2022, marking a five-year streak of double-digit growth rate increase, according to a new AM Best report.Best’s...
Sep 28 2023 // RT Specialty, the wholesale distribution division of Ryan Specialty (NYSE: RYAN), a leading international specialty insurance firm, announced its continued expansion of RT Connector, which provides digital solutions for...
Sep 28 2023 // Executive Summary: Biometric litigation is a significant emerging risk that insurers must now take into consideration, says Jim Blinn, vice president, Client Solutions, Zywave.States are increasingly passing biometric laws...
Sep 25 2023 // The Federal Energy Regulatory Commission on Thursday [Sept. 21] recommended revising reliability standards for power grid and natural gas infrastructure to avoid issues during extreme weather, as part of findings from a...
Sep 22 2023 // The cost to defend complaints against pharmacists to their State Board has increased more than 100% in the last decade, according to a newly released claim report published by Healthcare Providers Service Organization...
Sep 21 2023 // Global specialty P/C insurer AmTrust Financial Services introduced a new admitted lawyers professional liability policy from AmTrust PRO for mid-sized law firms.“In today’s competitive and complex legal...
Sep 21 2023 // Executive Summary: The International Group of P&I Clubs offers a unique lens into the intricate web of maritime risk that influences both the insurance sector and the maritime industry globally. From this perspective,...
Sep 19 2023 // Product liability cases are increasing, according to Lex Machina’s annual Product Liability Litigation Report, with 5,826 such cases in federal courts in 2022.The data analyzed by Lex Machina, a LexisNexis company,...
Sep 18 2023 // Wanted in South Carolina: $1 million in liquor liability coverage at an affordable premium to prevent closure of establishment.That’s the type of advertisement one can imagine bars and bistros across the Palmetto...
Sep 18 2023 // A mortgage lender accused of violating the False Claims Act by approving government-backed loans that did not meet federal guidelines can seek to recover the $15 million it paid to resolve the allegations from its...
Sep 14 2023 // Total U.S. surplus lines direct premiums written (DPW) rose by 19.2% to reach a record $98.5 billion in 2022, marking a five-year streak of double-digit growth rate increase, according to a new AM Bestreport.The new...
Sep 14 2023 // Markel, the insurance operation within Markel Group Inc., announced it is has hired an in-country leader for Australia and will open three new offices there in September 2023.These offices, in Sydney, Melbourne and...